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for the fiscal tax cliff and the spending sequester which i think is hilarious. they invented the sequester. we have had tax, spend and regulate policies for four years. why not try something different. let's talk about it with our powerhouse panel. jared bernstein, center on budget and policy priorities. senior fellow. doug holtz-ekin, peter suderman and james freeman, assistant editor for the wall street journal. james, i'm amoused right off the top. team obama starts attacking republicans first of all for the budget cutting sequester which they invented. second of all, for the fiscal cliff which they also invented. how silly is this? there is nothing serious about it at all. >> here we are. this is three years of big spending obamanomics. it's a terrible recovery. not what we need to create jobs. >> worst recovery since 1947. spending, taxing, regulating. we'll get into details. this report is not as bad as it's made out to be. >> i agree. >> the basic thrust is why not try something different? 2% growth is lousy, the worst since 1947 h. why not try something different? why not favor the pri
tax, at the time with mubarak and the current president morsi is hardly someone demonstrated he's committed to keeping peace with israel. i want to take a moment and remind our president before he delivers the remaining parts of the deal to morsi, exactly who he's dealing with, mohammed morsi is a muslim brotherhood member, a 9/11 truther, called the israelis descendents of apes and pigs and called them vampires and killers and stands with the palestinians and told an iranian news agency he'll reconsider the camp david accord and pushed through a sharia focused constitution and one more thing, mr. president, he called you a liar and america the enemy. here with the reaction of the troubling story former new york mayor rudy guiliani. you know the first questions that come to my mind are, why would anyone give these planes when they likely will be used to attack israel? >> it's hard to figure out exactly what else they could be used for. explain to me where egypt is threatened. egypt is not threatened by saudi arabia, egypt is not threatened by iran. egypt is not threatened by rus
basically extended the bush tax cuts for those under $450,000, modified the state tax, moved the capital gains rate up to 20%, was that a good or bad deal for the american people? >> we don't know yet because what we did is half of the budget. the tax cut part of the budget. we didn't do how to pay for it part of the budget. the problem that we have gotten ourselves in to is people trying to do budgets as if the taxes and spending are unrelated. they keep talking about reducing the size of government with unspecified cuts or to spending problem, not a taxing problem. but when you try to pin people down on numbers, you find out that what they're talking about is spending too much money on social security, medicare, head start, transportation or even embassy security. if you look at the budget last couple of years, embassy security was being cut so when they talk about these cuts, without specifying them, you're not really doing a budget. we passed -- we passed a -- almost $4 trillion tax cut without an indication of how to be paid for. now we have the sequester kind of hanging over our he
. ♪ officemax knows... time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... officemax. ♪ melissa: so call it a potential hackers haven, but chattanooga hoping to offer the fastest internet structure in the country. if that's not enough for you, they instituted a new program called geek moves that covers mortgage and moving excepts for ten lucky techs. one innovative program instituted hoping to spark a tech revolution in tennessee. here to explap is the chattanooga mayor who i think is a genius. thank you for coming on the show. we appreciate your time. >> glad to be with you. melissa: why did you decide technology was key? what made you focus on that? >> well, we had a choice of rebuilding the old electrical system that receivers the city or building something for the future, and even though it was initially more costly, we felt the future was more compelling than the past. chattanooga's an old industrial city. this is new infrastructure. fiber to the home is something othe
taxes. great story, great show. go time. [ ♪ theme music ♪ ] >> cenk: all right, welcome to "the young turks." so now we've got a lot of trouble in the middle east. for example in syria we have yet normas kerr. this one in alepo. at least 65 bodies found by a riverbed up to as many as 80 now people are reporting. they were brought to that school that you're seeing now and people are picking through to see who was massacred there. their hands were tied behind their backs, and they were shot in the head. now, one more story about syria iran has jumped in the mix here, in aid to the ayatollah said syria plays a very key role in supporting or god forbid destabilizing the resistance front. for this reasons an attack on syria is considered an attack on iran and iran's allies. the reason why that is devastating is if there is any action taken in syria here we go. it's a much larger war. these are not good times in the middle east, and it is significant trouble, but also in egypt we have trouble there. we had a curfew imposed in three different cities by their leader mohammed morsi. here is mo
want we'll show you an f-16 fighter jet and exactly why your tax dollars should not be sending those deadly aircraft to the radical, anti-american, anti-semetic regime in egypt. we'll have that later in the show. in just a minute the latest details on the democrats gun grab and now they want pistols, shotguns, bullet limits on top of the ban. and those of you in the country those of you disappointed of the election results in november, it's time to get over it, stop whining, put your uniform back on, it's time to get back in the game. yeah, obama won a round here and got reelected, we can he not let the country we love go to hell in a hand basket in the meantime. if you don't get engaged right now he's going to win the battle when he wants to transform it into his utopian process. and he's going to bankrupt the country and your constitutional rights. the time for feeling down, sad, depressed, it's over. right now we live in the greatest country in the the world, the country needs you right now, so it's time to engage and i also have a message to elected republicans and conservatives
. >> fox news lart. issue of americans moving tons avoid paying higher taxes. golfer phil mickelson recently complained about paying higher taxes and said he may move elsewhere but apologized or admitting that. tiger woods moved to florida who has no state income tax. states with the higher taxes are among those seeing their populations decrease. the high rates are in orange while states with owe over head are seeing population growth some of those are in green. simon rosen burg who is president and founder of a think tank advocacy organization. a fellow at the american enterprise institute and former speech riert for president george w. bush. if you look at what's happening in the state eliminating their state income tax or lowering their state income tax it is remarkable for those choosing the opposite route. >> that is exactly right. what the democrats don't seem to understand is taxes effect behavior. wh when you have a situation in high tax states like california like the tax policies have become compensatory it's not just phil mickelson and tiger woods. the state of california
moving from new york to florida, would you move to could your income taxes? here is how you voted. 94 percent said yes, 6 percent said no. i go with that. be sure to log on to for online question every weekday. finally tonight, critically important, the answer is, yes, according to a new report. domestic cats, household pets that go outside and sprays killed millions of birds and small mammals each year. and the breakdown of fluffy and his friends killing spree, an average of 2 billion birds and 12 billion small mammals such a chipmunks, rabbits, and mice every year. according to researchers, more birds and mammals died at the mouths of cats than car accidents, boys as chemicals, and in on collisions with skyscrapers and windmills. part of a three-year fish and wildlife study. is this your tax predellas a work? crazy. that is my "2 cents more." that's it for tonight on "l dobbs tonight." have a great night. ♪ lou: >> a very good evening. i'm lori rothman. the obama -- obama economy heading a stumbling block, suffering its first decline since the end of the recession.
to the population. you know, a bigger populationings that's more labor, more consumption, a bigger tax base. you're a bigger economy like china. wouldn't more legal immigrants help us grow the economy? >> there's no question that adding more labor input makes the economy bigger, but there is not really any research to show it makes the economy better or more accurately, it raises per capita income. of course, that's what matters; right? canada and mexico have very roughly the same size economy, but we don't say, well, gosh, they are equally rich. no. mexico's population is several times larger, and so it's per capita is much lower. as far as we can tell because of the immigrants tend to be somewhat poorer on average, the overall per capita actually goes down when the immigrants arrive so it does make a larger gdp, but it doesn't seem to i'll -- improve the economic situation of the native born. immigrants do benefit, and that could be an argument for immigration. melissa: if they were legal, paying taxes, that's a big difference, especially from the perspective that one of th greatest costs is t
of other californians about to do it as well? is your sounds like it, new california state tax hikes sending some residents fleeing california. so where will they go? nevada tax accountant george ashley says he knows. nice to see you, george. >> hello, greta, thank you for having me. >> greta: what's the story? people who live on the border of nevada and california are making the quick move to nevada? >> well, that's the people living on the border, but people from all sorts of places in california who want to avoid the california tax, a lot of them are thinking about packing up and moving and a lot of them are doing it. >> greta: what would be the reason, folks from deeper into the state away from nevada, but if you live on the border of california, unless you're really wedded to your house, why not move the mile into nevada and save yourself 13.3%? >> absolutely. absolutely. >> when does it make sense? suppose i have a business in california and i'm thinking of selling my business, should i move to inform nenevada before it or stuck paying the taxes no matter what. >> depends on t
solutions. arrive from texas, no more reform, no more income tax, flat, or otherwise. passed a fair tax, tax consumption, not income, taxing income is counterproductive. and it does thank you for your optimistic outlook for america. needed a lift. glass half full, my friend. finally, another example of waste, fraud, and abuse. this time from louisiana. a local newspaper in danvers talking about a little-known state law that will make residents pay more at the grocery store. alysian requires that grocers markup milk prices 6% above the invoice and shipping costs, 6%. a local store called fresh market has a weekly special, gallons of milk for $2.99 each and every tuesday. not anymore. the state is worried such deals to drive competitors out of business. isn't that what free-market are about? if they want to compete, lower prices. if not, what consumers walk up the door. that's my "2 cents more." it's obvious. coming in tomorrow, president obama's says deficit reduction is not a goal unto itself. shouldn't it be? of every action. that's it for tonight on "the willis report." thank you for joini
. >> greta: every time we hit one of the mile posts, whether it's sequestration or debt ceiling, taxes going up, whatever it is, what happens is the solution is just to extend is somehow and create another hurdle in a certain period of time and when we get to that point we do it again. i mean. >> that's not the best way to do it. >> greta: is there ever going to be a finality to this. >> one way or the other because there will come a point where the debt will deal with us if we don't deal with it. no doubt it has to be dealt with, we would hope we would deal with it it before that point of crisis before we become europe or one of the places that scramble to deal with it that should been dealt with a long time. the president of the united states gave his inaugural address on monday and barely mentioned the national debt and the fundamental argument only way for the middle class and create prosperity in america is for the government to have more control over our economy, more taxes, more regulations, more spending. there's a fundamental difference between the president's view of our future and
. >> what about a carbon tax? >> well, it works out to be similar. i think, what is it? for every $10, it's about 10 cents a gallon, 8 cents a gallon for gasoline. so it's another tax. i just think we have to be very careful because it affects consumers so broadly, and there are unintended consequences. at the same time these advanced technology vehicles, as tom brought up, hybrids are going to have to compete with better and better conventional vehicles, and batter in electric cars, will have to compete with better and better hybrids. it becomes very difficult. it's helpful when the our market signals saying this is what society values. society values reducing carbon, therefore, therefore the there's a path, therefore there is an incentive or something like that. but very difficult to actually implement in a way that has become fair and balanced. >> i know that auto countries have been working to show that there's a very direct correlation between high gasoline prices and the selling of more fuel-efficient cars, hybrids, electric cars. and that's political "inconvenient truth" in the hig
're worried about tax reform. jobs and unemployment. this is catapulted to the front of the line. why now do you think? >> well, big items like this. and this is a big one. need to be done early in a session. even with an issue like this that favors republicans, people get skittish so, i think, if you're going to move something this big, you've got to start early. >> can i -- can i barely call this? as i really want to because i think you're in the right direction. can i say that if done properly and orderly way, this is pro-growth, this is pro-growth, those immigrants come here to work and they'll help us. could it be sold as a pro-growth measure? >> you bet, you bet it can. just on the regular immigration reform that people think about. that's pro-growth, but what you mentioned, few people realize is part of this. on the high-tech side, we have american companies that are having a whale of a time finding enough americans to fill positions in the so-called stem fields. and this would deal with that issue and it would allow individuals who are educated in our universities receiving masters a
may boost taxes, but taxpayers could be slapped with an even bigger bill. we will hear from the other side of this tomorrow. but to the center for immigration studies, now, steve, tell us, it is going to cost a lot of money to alout -- by the way, can i take a step back, are we agreeing it's 11 million? i have heard as high as 20 million. but 11 million is the number. how much is this going to tax. >> i do think it's 11 million. i am a demongraphy and i do focus on this. they are not lazy and came to get welfare. we think a major came as adults and hadn't graduated the equivalent of high school in their own country. 25 to 30% had only a high school education. so with legalization, they're still going to make wages commensurate with modest levels of education, which means they won't pay much in taxes and workers like that, especially when you look at legal immigrants, they tend to use a lot in social services, about half of all legal immigrants with a high school education, those households access the welfare system. >> tell us how they do that i. that's legal immigrants. >> so in othe
, then that voting bloc isn't going to listen to you on education, on taxes, on any of this stuff. that's what's going on. >> so that's the issue. >> what do democrats get out of it? why are they pushing it? >> hispanics have been demanding something on this, and at some point -- >> but do they want the teeth, the tough requirements of worker verification? do they want the tough part of the bill? >> i think -- yes, because if you actually go to places like arizona and new mexico, and i have seen surveys of hispanic-americans, hispanic-american citizens who say second, third, fourth generation, saying i did it legally. these folks should have to do it legally. i think that there is a -- >> i just don't hear that from the latino groups. >> no, they -- >> i don't hear the interest groups pushing for real teeth. let's take a look at the president today. >> the interest groups aren't. i'm talking about rank and file hispanic-americans. >> that's positive. let's look at what he had to say. he came out for what he calls comprehensive immigration reform. it was at a speech in las vegas. he said the bi
, by restoring clinton-era tax rates for the top 1% of income earners. that's what we've done so far. i think it probably is safe to say that the tax rate discussion is probably done, but we have not even begun to discuss tax loopholes. why should millionaires get more tax benefit against their charitable contributions than middle-class families do? why should a billionaire who builds a wing on a museum and puts his name on it get more tax bang for his charitable buck than the middle-class family who gives to their local church? is protecting that benefit for high-end charitable donors more important than addressing our deficit? how about tax subsidies to the most profitable companies in the world, the big oil behemoths? the american taxpayer is asked to provide money to big and often foreign oil companies. is keeping big oil lobbyists happy with subsidies from the american people more important than addressing our deficit? should companies and wealthy individuals be allowed to hide their money from the tax man in offshore accounts while working families pay their taxes fair and square? is pr
proposals, including a plan to lower tax rates in order to broaden the overall tax base. the council's last official meeting one and one year ago. unemployment has dropped from more than 9 percent of the council's inception to the current rate of 78%, but more than 23 million americans remain of work or are stuck in part-time jobs , wanted full-time work for. meantime, we learned initial jobless claims rose to 360,000 last week, an unexpected jump of over 38,000 from the prior week's four year low. the obama economy seems stuck in neutral. recoveries fragile. yesterday the drop in gdp. tomorrow's january unemployment report expected to remain. critics said the president has not remained lazar focused on creating jobs, and the dissolution of the jobs council is just the latest example of that. fox news senior white house correspondent with our report. >> more than one year after his last meeting with the group, president obama is now reviewing the charter for is jobs council. the unemployment rate is falling a little more than a percentage point as the council's first meeting two years ago a
the earned entitlements like payroll taxes for medicare and social security are putting you in a taker category. no one suggests that whatsoever. >> jon: when you were saying takers you don't mean sweet old grams you mean hobo joe. i got it. but here is the thing: back in 2011 congressman paul ryan was pretty specific about how he defined taker. according to the tax foundation between 60% and 70% of americans get more benefits from the federal government than they pay back in taxes. we're getting to a society where we have a net majority of takers versus makers. >> jon: you are defining taker as as 70% of society. that's (bleep) takers. imagine how high that percentage would be if he included social security and medicare recipients on the taker list. you don't have to imagine it because it wouldn't be higher because it includes it on the taker list, social security and medicare according to the tax foundation report sighted by a paul reya, sorry ryan. if you don't include social security and medicare on the takers list you can't get to romney's more generous 47% taker to maker ratio.
of costa rica tells liz the key to business is favorable taxes. go figure. plus the governor the of the bank of israel on keeping his economy strong and safe in a very volatile region. david: microsoft is out. the numbers are out. adam shapiro, how do they look? >> well it's a beat on earnings, david, but a miss on revenue. earnings, 81 cents per share. the street was expecting 75 cents. revenue 21.46 billion. the street was expecting 21.53 billion. jumping in real quick on the press release they're talking about it, in the last quarter, in the server and tools business, saw increase 8.5 billion. the previouser, server and tools business reported 9.1 billion of revenue. 9% increase from the prior period year-over-year. we'll jump in to see how windows 8 is performing but they're missing on revenue. sandra: we'll keep watching the stock here in after-hours trading. looks like it is getting a little bit of a boost in after-hours trading so we'll keep looking at those numbers. keep in mind the revenues numbers fell short but the earnings per share did beat. it is a decent beat.
an outdated and anticompetitive tax code, and to streamline government bureaucracies that are literally suffering job creation. they have done their jobs while senate democrats have tried to keep their priorities secret. now, we know senate democrats don't like the house budgets, and we know they don't even support the president's budgets, at least not with their votes. what we haven't known for nearly four years is what they're for, because they have refused to put their plans for the country down on paper and actually vote for them. now it's my hope that the democratic sudden interest in passing a budget isn't just another attempt to actually raise taxes. as i've said repeatedly, we're done with the revenue issue. the president has already said that the so-called rich are now paying their -- quote -- "fair share" -- end quote, and of course middle-class families are already on the hook for new taxes as a result of obamacare. so the question is who would be in the firing line this time? and at what cost? look, struggling families shouldn't have to pick up the tab again for washington'
and taxes even more, whether it is cap and trade, regulating our economy and raising the costs for every american, they are feeling emboldened right now. and if conservatives stand together, we can stop that, and stopping bad things that would harm this country, that would harm americans, is a major victory for the next two years. [applause] but the third thing we can do in the short term is we can use leverage points to plaque real progress on the fiscal and economic crisis threatening this country. the fundamental dynamic when you have divided government is that whichever side owns the default is in the stronger position. either party can stop anything. so whoever wins if nothing gets done, wins the negotiation, wins the battle. it's why on fiscal cliff we got such a lousy deal. because if nothing happened, the result was a massive tax increase on er american who pays taxes, and i think president obama was perfectly fine, he was serene to go off that cliff. why? because his substantive agenda, which he doesn't hide from, is to dramatically expand the size and power of government, and t
reform the entitlement programs, put tax reform in place, go through regular order in the finance committee as the chairman and others called for, to ensure we can get this under control. it's a commonsense proposal. we did it two years ago. most democrats and most republicans here on the floor supported it in the past. democrats in the house have also supported it, about 95 of them. it's a dollar-for-dollar reduction over ten years as we raise the debt limit. for folks who are wondering today -- the presiding officer: the senator's time has expired. mr. portman: thank you, madam chair. a senator: madam president? the presiding officer: the senator from montana. mr. baucus: madam president, january 23, i think it was a wednesday, something marvelous happened. what was that? the house, on a strong bipartisan basis, passed a bill which would raise the debt limit, extend the debt limit to may 18. bipartisan. speaker boehner is to be commended. this town is criticized for its lack of working together, it's too partisan. speaker boehner found a solution to help us relieve the pressure
's the republican governors story. we've got 30 of them getting things done, balanced budgets, lower taxes, more jobs. that's what people want. they want a job, they want to get out of debt. we can show them were conservatism generates those results. >> what do you think you're hearing from this bipartisan proposal in the senate on immigration? are you for what you've heard and do you think what they're talking about fits the definition of amnesty? >> they're on the right path. this has been a solution that eluded everybody since reagan signs the bill to have a fix for that. we need a comprehensive solution. border security, better security within the country and then a pathway to citizenship for those that are here because sending 12 million people back to some other country is not going to cut it. >> what you just described some people call amnesty. do you understand why? >> i do. what i understand about the proposal and i've just taken a look at it, it's pretty tough love. it is penalties for violating the law. and it is a large number of things have to go through before you qualify. you get
Search Results 0 to 49 of about 208 (some duplicates have been removed)